The average Fortune 1000 company actively manages tens of thousands of contracts at any given time. Moreover, these documents touch every aspect of the organization. And yet, many corporations are unable to synthesize or analyze their contract universe in a holistic or meaningful manner.
That’s where Contract Lifecycle Management (CLM) comes in. For any organization that leverages contracts, CLM is crucial. By managing every aspect of a contract from execution through to renewal or expiration, CLM greatly reduces risk and ensures compliance and performance. Ultimately, an effective CLM saves the organization both time and money.
AI tools like Kira augment CLM systems by optimizing, organizing, and allowing organizations to customize and tailor CLMs to their needs.
Learn more from our experts
On Thursday, January 23rd, at 11 am EST, our experts Kelly Whetstone (Deputy General Counsel at Foreside), Ryan Drimalla (Managing Director at FTI Consulting), and Benjamin Kim (Legal Knowledge Engineering Manager at Kira Systems) will share methods and strategies for getting ahead of the risk inherent in untracked or unknown contract populations.
They’ll be covering topics such as:
- What CLM looks like through a Corporate lens
- The challenges that come with having a lack of CLM
- How to assess and plan for Corporate CLM
- Which aspects can be remedied by AI and how
Learn about critical aspects of Contract Lifecycle Management – including AI and machine learning – and how it directly impacts your corporation’s ability to optimize contract data used for M&A due diligence, regulatory response, and general business operations.
Register now to join Kira’s live webinar: Understanding Your Contract Universe to Build Awareness, Reduce Risk & Recognize Value
[ Artificial Lawyer is proud to bring you this sponsored article. ]
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